Microsoft today announced that it has joined FinOps Foundation as a premier member. Microsoft is now part of the Governing Board that defines the strategy and vision of the organization. The FinOps Foundation is part of the Linux Foundation that is dedicated to advancing people who practice the discipline of cloud financial management through best practices, education and standards.
Microsoft will be working with industry partners who are part of this program in defining, evangelizing, and implementing best practices and specifications like the FinOps Open Cost and Usage Specification (FOCUS).
“I’m very enthusiastic about our partnership with the FinOps Foundation and our membership as part of the FinOps community. Optimizing cloud workloads is more important than ever for companies of all sizes in all industries. For Microsoft this collaboration with the FinOps Foundation and our industry partners will empower Microsoft Cloud customers and partners to leverage the cost management best practices and industry-standard operating procedures cultivated by the FinOps community,” Vivek Dalvi, Corporate Vice President, Commerce Platform and Experiences.
“Microsoft is a bellwether technology leader who is aligned to our vision of accelerating the growth of FinOps practitioners with its presence, leadership, and innovation. We welcome Microsoft as a Premier Member as its membership will be a huge asset to the larger FinOps community and development and maturation of best practices across industries and the world.” —JR Storment, Executive Director of the FinOps Foundation.
Microsoft also has plans to align its products and services to the FinOps Framework. As part of the FinOps program, Microsoft can learn more about customer needs from the multicloud community of practitioners in the FinOps Foundation forums.